recession?

SilentBirdHunter

Well-known member
Joined
Feb 5, 2024
Messages
407
Consumer confidence had it's biggest monthly decline since August 2021.

Markets sold off today as investors worried whether tariff uncertainty could steer the economy into recession. The S&P 500’s post-election rally has been more than erased, with the index declining 2.7% to start the week and closing just above the $5,600 mark for the first time since mid-September. Big Tech names that have led the stock market’s AI boom over the past two years were hit hard, and the Nasdaq Composite fell 4% to have its worst day since September 2022. Layoff announcements shot up to a 4.5-year high and the S&P 500 index fell 6% from its all-time high set Feb. 19 as the potential implementation of tariffs rocked Wall Street.

Federal Reserve Bank of Atlanta’s widely tracked GDPNow model, which forecasts an annualized rate of -2.4% in 2025’s first quarter.

Goldman Sachs economists upped their odds of a 2025 recession from 15% to 20% on Friday, naming Trump’s economic policies as the “key risk,” while Yardeni Research raised their recession odds Wednesday from 20% to 35%, citing “Trump 2.0’s head-spinning barrage of executives orders, firings, and tariffs.”

Uncertainty does not help factory planning, the market, or the economy.
 
Consumer confidence had it's biggest monthly decline since August 2021.

Markets sold off today as investors worried whether tariff uncertainty could steer the economy into recession. The S&P 500’s post-election rally has been more than erased, with the index declining 2.7% to start the week and closing just above the $5,600 mark for the first time since mid-September. Big Tech names that have led the stock market’s AI boom over the past two years were hit hard, and the Nasdaq Composite fell 4% to have its worst day since September 2022. Layoff announcements shot up to a 4.5-year high and the S&P 500 index fell 6% from its all-time high set Feb. 19 as the potential implementation of tariffs rocked Wall Street.

Federal Reserve Bank of Atlanta’s widely tracked GDPNow model, which forecasts an annualized rate of -2.4% in 2025’s first quarter.

Goldman Sachs economists upped their odds of a 2025 recession from 15% to 20% on Friday, naming Trump’s economic policies as the “key risk,” while Yardeni Research raised their recession odds Wednesday from 20% to 35%, citing “Trump 2.0’s head-spinning barrage of executives orders, firings, and tariffs.”

Uncertainty does not help factory planning, the market, or the economy.
So FAFO is not a sound fiscal policy? This one will be a trumpcession, maybe even a trumppression.

giphy[1].gif
 
Tariffs are inflationary since are a quasi-tax on Americans. The cost of groceries goes up. Default rates on car loans were already rising before tariffs hit. Canada and Mexico can leave tariffs on even after the President folds.

Business owners thinking about investing in their business capacity just pushed those plans to the back burner. Unemployment rates will rise even if tariffs go away.

Consumer confidence fell as did their credit availability.

Stock market is down. Eggs up again.

Yes, recession is very likely into next year plus inflation will take longer to unwind unless unemployment jumps up the next several months.

Will be ugly and is a self-inflicted wound by our President and the meek Congress.
 
Tariffs are inflationary since are a quasi-tax on Americans. The cost of groceries goes up. Default rates on car loans were already rising before tariffs hit. Canada and Mexico can leave tariffs on even after the President folds.

Business owners thinking about investing in their business capacity just pushed those plans to the back burner. Unemployment rates will rise even if tariffs go away.

Consumer confidence fell as did their credit availability.

Stock market is down. Eggs up again.

Yes, recession is very likely into next year plus inflation will take longer to unwind unless unemployment jumps up the next several months.

Will be ugly and is a self-inflicted wound by our President and the meek Congress.
Maybe it's intentional so his rich boosters can buy up cheap stocks. That would be an impeachable offense and merit some prison time.
 
He’s a devout Christian with a direct line to god, who is so much smarter than us and is playing his often-vaunted “4-D chess” to save us from bloodthirsty democrat demons who’ve caused every problem known to man.

…at least that’s what I’ve heard
 
Tariffs are inflationary since are a quasi-tax on Americans. The cost of groceries goes up. Default rates on car loans were already rising before tariffs hit. Canada and Mexico can leave tariffs on even after the President folds.

Business owners thinking about investing in their business capacity just pushed those plans to the back burner. Unemployment rates will rise even if tariffs go away.

Consumer confidence fell as did their credit availability.

Stock market is down. Eggs up again.

Yes, recession is very likely into next year plus inflation will take longer to unwind unless unemployment jumps up the next several months.

Will be ugly and is a self-inflicted wound by our President and the meek Congress.
Tariffs are inflationary, but I think Trumps tactic is to mitigate the inflation by crushing the economy to the point where people have no purchasing power and therefore demand is diminished. All his buddies can then buy stocks on sale.
 
Hunting related…….?



We made it through Obamas recession. IF it happens, you guys should be okay. Given how many of you are millionaires and all….
 
It's been gathering steam for a couple years, a recession generally takes 2-3 quarters to become real, which is longer than 50 days. Folks love to blame a sitting president for the economy the minute he is sworn into office, and it happens literally every election, but that's generally not how it works.
 
Advertisement

Latest posts

Forum statistics

Threads
115,015
Messages
2,079,973
Members
36,867
Latest member
Jaramillo
Back
Top